FINANCE
Unlike most major economies, Japan has spent much of the 21st century adhering to a doctrine of extremely low interest rates — so low that since 2016, they were actually negative. That changed on Tuesday, March 19, when the Bank of Japan (BoJ) announced the country’s first interest rate hike
Economists Say Japan May Unwind Easy Monetary Policy in 2023: Reuters Poll
By Kantaro Komiya. TOKYO — The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between...
Turnover Surges as Funds Rush to Exit Private Equity Stakes
By Rae Wee SINGAPORE - Private equity holdings are being sold at a record clip in an opaque secondary...
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying...
Amazon Failed to Record Warehouse Injuries: US Agency
Amazon Inc. failed to properly record work-related injuries and illnesses at six warehouses in five states...
Japan Nov Consumer Inflation Likely to Hit Fresh 4-Decade High: Reuters Poll
TOKYO - Japan's nationwide consumer price inflation likely hit a fresh 40-year high in November, as...
Sri Lanka’s Economy Shrinks 11.8% in Second-Worst Quarterly Performance
By Uditha Jayasinghe COLOMBO - Sri Lanka's economy shrank 11.8% in the July-September quarter from...
Taiwanese-Americans Hope to Strengthen Community, Spur Business in Upstate NY
MIDDLETOWN, NY — Members of the local Taiwanese-American community gathered at the Northern Medical Center...
US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
Global Investors Fly Blind Into China’s Messy Post-COVID Transition
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI — Global investors, already caught off guard by...